Glossary / General

money factor

12 Episode Mentions

Too Afraid to Ask

The money factor is a way to show how much interest you will pay on a car lease. It's a small number that helps determine your monthly payments.

Technical Definition

The money factor is a term used in leasing that represents the interest rate on a lease. It is typically expressed as a small decimal number and is used to calculate the monthly lease payment.

Hear It Discussed

"But the argument from dealers is the banks need to bring back even more attractive interest rates in the form of both lease programs, so where the money factor is lower, and obviously the 0%..."
Customers REFUSE to Purchase, Car Dealers FEELING THE PAIN | Episode 1110 CarEdge Live 07:19

"So you're looking at incentivized rates or lower rates or longer terms that are more affordable, you know, money factor, those sorts of things."
Toyota's New RAV4 Is A Winner, Jeep's EV Is Underbaked, Nissan's Versa Needs A Resurrection Auto Buyers Guide Podcast 09:14

"Yeah, the taxes on leases for us are not very favorable, you know, where some of our stores are, you know, they're away from where a lot of our customers would work."
Fixed Ops Friday w/ Ryan Downing & Jay Trivedi | Daily Dealer Live Car Dealership Guy Podcast 19:19